Ashmore Emerging Markets Equity Fund (EMFIX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EMFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMFIX
EMFIX charges 1.17% annually. There are 103 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | EMFIX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | EMFIX vs FERGX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | EMFIX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | EMFIX vs FCEEX | |
| TIAA-CREF Emerging Markets Equity Index Fund | 0.19% | — | Aug 2010 | EMFIX vs TEQLX |
Best Risk-Adjusted Alternatives to EMFIX
EMFIX has a PortfoliosLab risk / return rank of 82. There are 20 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | EMFIX vs DEMIX | |
| Lazard Emerging Markets Equity Portfolio | 93 | — | Jul 1994 | EMFIX vs LZEMX | |
| Franklin Templeton SMACS: Series EM | 92 | — | Nov 2021 | EMFIX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 91 | — | Oct 2021 | EMFIX vs GMAQX | |
| Dodge & Cox Emerging Markets Stock Fund | 90 | — | May 2021 | EMFIX vs DODEX |
Top Performing EMFIX Alternatives (YTD)
EMFIX is at 24.35% YTD. There are 15 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 85.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 85.88% | — | Jun 1996 | EMFIX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 58.63% | — | Nov 2021 | EMFIX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 42.32% | — | Jan 2018 | EMFIX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 41.31% | — | Oct 2021 | EMFIX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 35.80% | — | Jan 1994 | EMFIX vs GTDDX |
Lowest Volatility Alternatives to EMFIX
EMFIX has 21.22% 1-year volatility. There are 88 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.56% | — | Oct 2011 | EMFIX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.42% | — | Dec 2016 | EMFIX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.69% | — | Dec 2013 | EMFIX vs VIESX | |
| The Cook & Bynum Fund | 11.79% | — | Jun 2009 | EMFIX vs COBYX | |
| Ashmore Emerging Markets Frontier Equity Fund | 12.20% | — | Nov 2013 | EMFIX vs EFEIX |
Lowest Drawdown Alternatives to EMFIX
EMFIX has a 1-year max drawdown of -13.20%. There are 81 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | EMFIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | EMFIX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | EMFIX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | EMFIX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | EMFIX vs GQGPX |
Other Mutual Funds from Ashmore
The 8 most viewed Ashmore mutual funds shown here include EMKIX, ESDIX, ESIGX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Total Return Fund | Emerging Markets Bonds | 57 | 1.68% | — | Dec 2010 | EMFIX vs EMKIX | |
| Ashmore Emerging Markets Short Duration Select Fun... | Emerging Markets Bonds | — | — | — | Jun 2020 | EMFIX vs ESDIX | |
| Ashmore Emerging Markets Equity ESG Fund | Emerging Markets Diversified | 84 | 23.36% | — | Feb 2020 | EMFIX vs ESIGX | |
| Ashmore Emerging Markets Short Duration Fund | Emerging Markets Bonds | 19 | 2.28% | — | Jun 2014 | EMFIX vs ESFIX | |
| Ashmore Emerging Markets Corporate Income Fund | Emerging Markets Bonds | 62 | 2.85% | — | Dec 2010 | EMFIX vs EMCIX | |
| Ashmore Emerging Markets Active Equity Fund | Emerging Markets Diversified | 47 | 13.16% | — | Oct 2016 | EMFIX vs EMQIX | |
| Ashmore Emerging Markets Investment Grade Income F... | Emerging Markets Bonds | 94 | 3.49% | — | Sep 2020 | EMFIX vs IGIEX | |
| Ashmore Emerging Markets Local Currency Bond Fund | Emerging Markets Bonds | 20 | 0.24% | — | Dec 2010 | EMFIX vs ELBIX |
Often Compared With EMFIX
Investors most often compare EMFIX with MEMX, EMXC, EEM. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare EMFIX with Any Fund or Stock
Compare EMFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMFIX with funds that move differently
Ashmore Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMFIX.
Explore EMFIX Diversifiers